8 N Broadway - Storefront Retail/Residential FOR SALE


Nyack, NY 10960
$1,300,000 USD
8 N Broadway, Nyack, NY for Sale
$1,300,000 USD
Storefront Retail/Residential - FOR SALE
1/28
null | 5% Cap Rate

8 N Broadway
Nyack, NY 10960


HIGHLIGHTS

  • Heavy daytime foot traffic
  • Main retail corridor in Nyack

OVERVIEW

Located in the heart of downtown Nyack, 8 North Broadway offers a compelling opportunity to acquire a fully leased mixed-use building in one of Rockland County’s most walkable river villages. The property comprises approximately 5,285 square feet across three stories, featuring street-level retail space and four (4) one-bedroom residential apartments above. The building is 100% occupied, providing immediate, stabilized income with diversified revenue streams. Originally constructed in 1920 with masonry construction, the property has been fully sprinklered throughout, including all residential units, and the entire building underwent an updated fire and life-safety inspection in 2020/2021, enhancing long-term operational reliability and lender appeal. Situated on North Broadway with approximately 75 feet of frontage, the property benefits from exceptional visibility and foot traffic. The location boasts a Walk Score of 93 (“Walker’s Paradise”), placing tenants within immediate proximity to Nyack’s restaurants, shops, and transit options. The site encompasses approximately 0.06 acres and is zoned DMU 1 allowing for a broad range of commercial and residential uses.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C-1

APN/PARCEL ID

392403-066-038-0001-032-000-0000,392403-066-038-0001-039-000-0000

ASK ABOUT THIS PROPERTY

Paul Adler, Esq., SIORRand CommercialMore Info

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Paul Adler, Esq., SIORRand CommercialMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.